Techcombank's headquarters in Ha Noi. — This is, to date, the largest-ever medium and long-term syndicated loan for a Vietnamese financial institution. — Photo courtesy of the bank Techcombank has successfully concluded a landmark US$1 billion syndicated loan facility, setting another milestone in its offshore capital-raising activities. This is, to date, the largest-ever medium and long-term syndicated loan for a Vietnamese financial institution. The facility marks Techcombank’s third approach to the offshore loan syndication market, following its inaugural $500 million transactions in 2020 and a highly successful $800 million financing completed last year. The fully underwritten financing was selectively launched in late December last year at an original target size of $700 million with a pre-funding option and subsequently offered to the wider market in February 2022. The facility amount was upsized to $1 billion due to a stellar market response. The facility comprised three … [Read more...] about Techcombank breaks record with US$1 billion offshore loan